Which condition would an order for inventory be triggered

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Reference no: EM132719961

Problem 1: Under which condition would an order for inventory be triggered?

A) Inventory position is less than reorder point

B) Inventory on hand is less than reorder point

C) Inventory on order is less than reorder point

D) None of the above

Problem 2: When demand is uncertain, the reorder point is equal to _____. (Fill in the blank)

A) Safety stock

B) Sum of safety stock and average demand during lead time

C) Average demand during lead time

D) None of the above

Reference no: EM132719961

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